November Recap

November 29th, 2016

During this lovely month of November – and throughout the year – we’re incredibly thankful for everything we’ve accomplished. If you celebrated Thanksgiving with your family this past weekend or took part in the Black Friday or Cyber Monday shopping extravaganza, we hope that you’re enjoying the start of your holiday season. We’re proud and thankful to introduce this month’s highlights!

Excerpt: DHL and Cisco estimate that $1.9 trillion in economic value could be created through the use of IoT devices and asset tracking within the supply chain sector. This value is already seen in the consumer market with tools like NEST already available. Gartner has estimated that in 2017 we might see the IoT needle tip and create a surge in IoT adoption, with many already resourcing and building the support structures to cope with an influx of these devices. Read full article.

Excerpt: Are you enjoying your early holiday gift from the Payment Card Industry Security Standards Council? Retailers who use point-of-sale (POS) systems as a part of their business are now subject to Payment Card Industry Data Security Standard (PCI DSS) 3.2, an updated set of security processes designed to guard against the kinds of hacks and data breaches that have plagued the retail industry in recent years. Read full article.

Excerpt: For many, system downtime can lead to very expensive complications. Service disruption can result in lost business, data loss and reputational damage. For the Fortune 1000, just a single hour of infrastructure failure costs on average $100,000 (approximately £82,000), with the average cost per year sitting between $1.25bn and $2.5bn. Read full article.

Excerpt: In late June, UK voters took to the polls to weigh in on their future as members of the European Union. Britain’s exit from the EU (“Brexit”) left markets wavering as the world wondered what it would all mean for the global economy. While Brexit was in the spotlight, however, another economic agreement involving the EU was being enacted. That agreement is the EU-U.S. Privacy Shield, a treaty that reconciles the differences between European and American data security and management laws and regulations by providing a framework under which grievances may be resolved in the event violations occur. For Texas enterprises with active or future plans across the Atlantic, the agreement may have serious implications. Read full article.